Category Archives: Corporate Law

Guest Post: Second Circuit Holds Defendants’ Fraud-on-the-Market Presumption Rebuttal Need Not Be Conclusive

In the following guest post, attorneys from the Paul Weiss law firm take a look at the Second Circuit’s January 12, 2018 decision in Arkansas Teacher Retirement System v. Goldman Sachs Group, Inc. (here), in which the appellate court vacated the district court’s certification of a shareholder class in the securities class action lawsuit arising out of the investment company’s involvement in the creation and marketing of the infamous “built-to-fail” Abacus CDO. A version of this article previously appeared as a Paul Weiss law firm client memo. I would like to thank the authors for their willingness to publish their article as a guest post on this site. I welcome guest post submissions from responsible authors on topics of interest to this site’s readers. Please contact me directly if you would like to submit a guest post. Here is the authors’ guest post. ******************************************************** In Arkansas Teacher….. To continue reading this legal news please click Read full information...

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Optimize Your LinkedIn Profile for Recruiters

Looking for an in-house counsel job? Then you should optimize your LinkedIn profile for recruiters. Legal recruiters subscribe to LinkedIn tools that let them power through many profiles rapidly. However, they are not going to find you if your LinkedIn profile is lacking. “I get updates from LinkedIn that tell me how many people have looked at my profile. The number is climbing, so that’s good. I assume that some of these visitors to my LinkedIn page are recruiters. I hope so! What are recruiters looking for in a LinkedIn profile?” Read: Ten Things Recruiters Look For In Your LinkedIn Profile at Forbes The post Optimize Your LinkedIn Profile for Recruiters appeared first on InhouseBlog... To continue reading this legal news please click Read full information...

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Reflections on GE’s Massive Run-Off Insurance-Related Charge

In his recent one-volume history of American capitalism, “Americana,” author Bhu Srivnivasan recounts the rise of many of the country’s large corporations in the late 19th century, including the long-standing U.S. industry stalwart, General Electric. GE was formed when Wall Street bankers engineered the merger of two fledgling electrical services providers, including the company formed by Thomas Edison, Edison Electric. The company has since grown to become a massive conglomerate and something of a mainstay of the U.S. commercial economy, in many ways a bellwether for the country’s economic health and a representative example of the country’s industrial might. More recently the company has gone through some high-profile struggles, drawing questions for the company’s management – and as discussed below, attracting securities class action litigation as well.   What’s Past is Prologue While the company has been scuffling….. To continue reading this legal news please click Read full information...

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Hard Work May Not Be Enough

If you are getting in earlier and leaving later than your peers, and always the first to answer that weekend email, you may be surprised to learn that your hard work may not be enough. This may even be the case when you are trying to become indispensable at work: “From a young age, we’re raised to believe that we can accomplish pretty much anything so long as we work hard enough to achieve it. And, for the most part, that makes sense, at least intuitively. If you study for three hours while your roommate studies for one, you’ll probably do better on the test. If you spend 50 hours at work every week while your peer spends 30, you’ll stand a better chance of getting a raise or a promotion. This idea follows us at every stage of our lives, and it echoes a cornerstone belief of Western culture: As long as you work hard, you’re going to be successful. But there’s a problem with this philosophy: Hard work isn’t always enough.”….. To continue reading this legal news please click Read full information...

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Signs of optimism for mining, oil-and-gas M&A activity in 2018

Overall merger and acquisition deal value involving Canadian companies totalled $216.3 billion in 2017, which was approximately 14% lower than the $251.88 billion seen in 2016, which was a decade-high level. The fall in overall value was primarily caused by a 25% decline in energy deals, according to a report in Bloomberg, which resulted in the first year-over-year decline in total deal value since 2012-2013. Despite this decline, 2017 stands as one only five years since 1995 when deal value exceeded $200 billion, according to a report in the Wall Street Journal. Outward bound M&A activity was down slightly in 2017, from a record of $176 billion to approximately $122.3 billion, which still remained well above the $72 billion average from the previous five years. Domestic M&A reached its highest level in more than a decade with Canadian firms buying $69.9 billion worth of local companies and assets. The domestic M&A market was mostly driven by the Canadian energy….. To continue reading this legal news please click Read full information...

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